The platform deployed by ALTIA will allow the operator to monitor markets managed by OMIP through statistical analysis and processing of data (prices, volumes, and market shares), implement monitoring procedures and indicators (occurrence detection and evaluation), and conduct incident analysis and investigation . The tool will also facilitate the periodic preparation of ad hoc activity reports.
With this project, ALTIA will provide OMIP with a platform to analyze data both in real time and in market replay mode , enabling forensic analysis of trade and offer data and thus complying with current European regulations.
The project design consists of three blocks. First, the development of a backend that collects and processes all the market data from OMIP's messaging system; second, the creation of a dashboard that displays all the data and statistics in real time; and third, the design of a front-end with a customizable interface for viewing the processed data.
In this way, OMIP will comply with the European regulations on market abuse contained in Regulation (EU) No. 596/2014, which ensures the proper functioning of a securities market free from manipulation and insider trading.
